BTC dropped to $63,500 from $65,000 in two hours, down 1.7% over 24 hours. Ether and Solana also declined. Smaller assets like XRP, DOT, ADA, and MATIC saw 5%-6% drops.
U.S. equities struggled with Nasdaq down 1% and S&P 500 dropping 0.7%. Uncertainty in the U.S. presidential election led to increased odds of Biden not seeking re-election and a shift in Democratic nominee probability.
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